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donald mcmichael

donald mcmichael

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Business model generation in the Internet of Things (IoT) universe

ISS016-E-026150_denver-150x150The Internet of Things (IoT) changes everything, especially how we go about crafting and testing business models. “To take advantage of new, cloud-based opportunities, today’s companies will need to fundamentally rethink their orthodoxies about value creation and value capture”, writes Gordon Hui in his recent HBR article. We need to focus on emergent needs not just in real-time but on a predictive basis. This will take much deeper thinking about a business’s linkages than has been the norm.

Filed Under: blog, Sharing Tagged With: Business Model Generation, Business Strategy

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Donald McMichael
Insights for entrepreneurial leaders that help them answer two fundamental questions "Where should we play?" and "How do we win?".

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